This is a perfect combo of my two favorite ideas for that space under the stairs leading to the basement. A reading nook AND book storage and shelves . assuming that there is enough space for this there.
small-spaces-bed-nook - Got a huge movie, music or book collection, but just one small room in which to fit it all? Take a cue from Johan, who fit a massive CD storage drawer underneath bed/lounge combo as well as lots of shelf space overhead. Spaces like